Question 12
If cost price of an article is 75% of its selling price, then what will be the profit percentage?
Solution
Let selling price = Rs. $$100$$
=> Cost price = $$\frac{75}{100}\times100=Rs.$$ $$75$$
$$\therefore$$ Profit % = $$\frac{(100-75)}{75}\times100$$
= $$\frac{100}{3}=33.33\%$$
=> Ans - (C)
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